Bhatia Communications & Retail (India) Ltd - Prospectus Synopsis

Bhatia Communications & Retail (India) Ltd RHP

Registered Office : 132 DrAmbedkar Shopping Centre , Ring Road , Surat - 395002 , Gujarat , India.

Phone : 91-261-2349892  Fax :

Email : info@bhatiamobile.com    Website : www.bhatiamobile.com

Initial public offer of 16,50,000 equity shares of face value of Rs.10 each (equity shares) of Bhatia Communications & Retail (India) Limited (company or issuer) for cash at a price of Rs. 150 per equity share (including a share Premium of Rs. 140 per equity share) (issue price) aggregating to Rs. 24.75 Crores (issue ) consisting of a fresh Issue of 14,00,000 equity shares of face value of Rs.10 each (equity shares) for cash at a price of Rs. 150 per equity Share aggregating to Rs.21 Crores (issue) and 2,50,000 equity shares of face value of Rs.10 each (equity shares) for cash at a price of Rs. 150 per equity share aggregating to Rs. 3.75 Crores through an offer for sale by mr. Sanjeev Bhatia (referred as selling shareholder) of which 84,000 equity shares of face value of Rs.10.00 each for a Cash price of Rs. 150 per equity share, aggregating to Rs. 1.26 Crores will be reserved for subscription by market maker (market maker reservation portion). The issue less the market maker reservation portion i.e. Issue of 15,66,000 equity shares of face value of Rs. 10.00 each at an issue price of Rs. 150 per equity share aggregating to Rs. 23.49 Crores (is hereinafter referred to as the net issue). The issue and the net issue will constitute 26.37% and 25.03%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10 each and the issue price is Rs.150 each. The issue price is 15 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
08-Feb-2018 12-Feb-2018 Rs 150 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 1000 Further Multiples of : 1000
  Rs Cr Lead Managers to the Issue
Project Cost 21 Guiness Corporate Advisors Pvt Ltd
Project Financed through Current Offer 24.75  
Post Issue Equity Share Capital 6.26  
Issue Price Rs. 150  
Projects
Long term working capital requirements
Promoted By Listing At Registrar to the Issue
Harbanslal Bhatia
Nikhil Bhatia
Sanjeev Bhatia
BSE - SME Purva Sharegistry (I) Pvt Ltd
 

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